Spey Resources Update on Cease Trade

Vancouver, British Columbia — December 6, 2021 — Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company"), further to its news releases dated October 22, 2021 and August 31, 2021, wishes to provide an update regarding the British Columbia Securities Commission’s (the “BCSC”) continuous disclosure review.